Olympus Partners moves to acquire Pregis Corp. North America
Private equity firm Olympus Partners (olympuspartners.com), Stamford, CT, has agreed to acquire Pregis Corporation North America (pregis.com), a protective packaging materials and systems manufacturer, for an undisclosed amount. The transaction is expected to be completed by the end of May.
“Olympus Partners looks for enterprises that have established a leading market position and have a strong management team. We believe that such companies will enjoy greater long term value creation and generate superior investment returns. Pregis meets those criteria and we are pleased to add the company to our diverse investment portfolio,” says Manu Bettegowda, partner. “Pregis is well positioned for growth with innovative solutions, expanding markets and solid channel partnerships.